IBM earnings beat by $0.09, revenue fell short of estimates

Investing.com – IBM (NYSE: IBM) reported first quarter EPS of $1.36, $0.09 better than the analyst estimate of $1.27. Revenue for the quarter came in at $14.3B versus the consensus estimate of $14.37B.

IBM’s stock price closed at $126.29. It is down -10.56% in the last 3 months and down -8.70% in the last 12 months.

IBM saw 0 positive EPS revisions and 7 negative EPS revisions in the last 90 days. See IBM’s stock price’s past reactions to earnings here.

According to InvestingPro, IBM’s Financial Health score is “fair performance”.

Check out IBM’s , and IBM’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar